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FCA ditches plans to introduce WhatsApp ban for City bankers

Hand holding a phone displaying WhatsApp, in the background
The use of communication apps such as WhatsApp surged during the pandemic. Photo: Chesnot/Getty Images

Hameed Shuja

2 min read
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The regulator had previously indicated it might stop City staff from using encrypted communication apps.

The UK FCA seems to have backed off from plans to introduce strict guidelines around the use of social media and communication apps such as WhatsApp for bankers in the City of London.

The regulator had previously indicated it could bring in rules that would have stopped bankers from using

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